Multi-agent hybrid mechanism for financial risk management

Purpose: The goal of this study was to propose the multi-agent mechanism to forecast the corporate financial distress. Design/methodology/approach: This study utilized numerous methods, namely random subspace method, discriminant analysis and decision tree to construct the multi-agent forecasting mo...

Full description

Saved in:
Bibliographic Details
Published in:Journal of industrial engineering and management 2015-01, Vol.8 (2), p.435-452
Main Authors: Yan, Jianyuan, Liao, Jui-Jung, Shih, Ching-Hui
Format: Article
Language:English
Subjects:
Analysis
Artificial intelligence
Debt management
Decision trees
Discriminant analysis
Economic crisis
Expenditures
financial distress
Financial management
Financial statements
Forecasting
hybrid model
hybrid model, multi-agent mechanism, financial distress, intangible assets, risk management
Industrial engineering
Intangible assets
Knowledge economy
multi-agent mechanism
Organization theory
R&D
Research & development
Risk management
Studies
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Purpose: The goal of this study was to propose the multi-agent mechanism to forecast the corporate financial distress. Design/methodology/approach: This study utilized numerous methods, namely random subspace method, discriminant analysis and decision tree to construct the multi-agent forecasting model. Findings and Originality/value: The study shows a superior forecasting performance. Originality/value: The use of multi-agent model to predict the corporate financial distress.
ISSN:2013-0953
2013-8423
2013-0953
DOI:10.3926/jiem.1313